Stanbic Bank Kenya has appointed Michael Mutiga as its Chief Executive Officer following approval by the Central Bank of Kenya.
Mutiga takes over from Abraham Ongenge, who held the position in acting capacity from March 2026. This followed the appointment of Joshua Oigara, who took the role of Chief Executive and Director of Stanbic Holdings Plc.
Stanbic Bank said Mutiga will lead the lender on its next growth phase as it targets to strengthen its H1 2026 performance. Mutiga, a seasoned lawyer and banker, previously served as the Chief Business Development and Strategy Officer at Safaricom PLC.
Before his stint at the leading telco, Mutiga was a Managing Director and Head of Corporate Finance for Sub-Saharan Africa at Citibank and also held senior roles at Absa.
In acceptance of his appointment, Mutiga said he would work on deepening customer relationships, accelerating the bank’s digital transformation and partnering with key sectors of the economy to drive Kenya’s sustainable development.Mr. Ongenge will now return to his substantive role as Head of Personal and Private Banking.
